8,276 Sqft Lot
8,276 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26167308
HOA Y/N No
Year Built 1969
Lot Size 8,276 Sqft
Property Sub-Type Quadruplex
Property Description
**The investment opportunity is compelling:** current rents are below market, providing a clear path for future rent increases, **NOI growth, and improved cash flow** as units naturally turn over. An investor can further enhance value through strategic rent adjustments and targeted property improvements while benefiting from the property's highly desirable location and long-term appreciation potential. The generous lot features a spacious front lawn and landscaped grounds, reinforcing the property's residential character. Located approximately **five miles from the coast**, with convenient access to South Coast Plaza, Orange Coast College, OC Fairgrounds, Triangle Square, major employment centers, shopping, dining, and entertainment.**A true value-add opportunity in one of Orange County's premier rental markets—3102 Ginger Street offers the rare combination of four spacious residences, exceptional parking, below-market rents, and multiple avenues for future income and value growth.
Location
State CA
County Orange
Area C1 - Mesa Verde
Interior
Heating Central, Fireplace(s)
Cooling Central Air
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher
Laundry Common Area, Laundry Room
Exterior
Exterior Feature Rain Gutters
Parking Features Garage
Garage Spaces 5.0
Garage Description 5.0
Fence Brick, Wood
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Roof Type Shingle
Total Parking Spaces 5
Private Pool No
Building
Lot Description Front Yard, Sprinklers In Front, Landscaped
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 13956402
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Energy Description 1194.0
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
